GME

EliteBrutal

GME 05/17 $15c https://preview.redd.it/28kfeed3baxc1.jpeg?width=777&format=pjpg&auto=webp&s=652f6ec3bba895f9d2f591f8e1d89e3ebe2795dd

TheIguanasAreComing

GME sentiment is actually pretty good on Reddit, Intel sentiment is more meh than “this stock is dead”

Helltrim

I might get downvoted for this, but I agree that Robinhood is a great app to use for trading, especially for beginners. The UI alone is what keeps me and I’ve been using it for a very long time. I definitely don’t agree with what rh did with GME, etc. but I still use them and am doing alright

PabloSanchezBB

Yes please buy more Tesla,GME and Intel and report back next year.

eghost57

Can you show us on this doll where Robinhood hurt you? I'll be the first to say that Robinhoods interface sucks, but the only reason to change institutions is mutual fund availability or your preferred interface. 3% match is awesome. If you're bitter because of GME, then you should realize that debacle was the fault of Apex Clearing which Robinhood no longer uses but other brokerage still do. I had an account at Firstrade, wired in funds and Apex couldn't locate my funds for 3 days. So if by "real institution" you mean anyone not using Apex, then Robinhood fits the bill since their clearing is now in house.

malakim_angel

sell or hold: GME, TSLA, ARKX?

StuartMcNight

He got it right with GME too… and then he sold before the squeeze. 🤣 This is the genius these guys follow.

ReddPope81

Institution owns 50.40% and Insiders have 46.83% if this means anything to anyone! The shorts are currently around 59.16% as of April 15. If you guys are planning the GME move please use r/JeffAmazon manifesto and have a plan or better yet, an exit plan

EndangeredLazyPanda

Yep I’m still watching the markets myself. I was still in university during the ‘08 debacle but managed to put together quite a sum during the GME/AMC thing. Betting on AMC, of course, although I got out around the peak with some profits intact although I lost quite a bit because I went way too overboard with options. But I did turn 17k into 175 and change so it wasn’t so bad. Honestly I’m still angry with what the big banks did with the bailout money and I’m looking for a small chance to fuck them over when this happens again, but it appears there’s no real way for an individual to do that with my limited knowledge. Plus, wading through the cesspool that financial institutions are is a bit sickening.

Puzzled-Raspberry-32

It would’ve if demand for GME didn’t suddenly vanish aka RH turning off the buy button. Melvin would quite literally have an infinite loss and would have been unable to cover their position. Any broker dealer who lent to Melvin would’ve also been equally fucked

skysafe

Bought 1100 shares of GME for $3.7. A week later the big squeeze happened, and I sold a majority when I saw it hit ~$10. I think about this a lot…

Clear-Research-3579

People got mad at big money for shorting AMC and GME. IBRX should be the real revenge.

shortnun

Me, 800+ apple sold in 1998 pre ipod/iphone...... 400 share of JNJ (23 dollar cost basis) employee stock purchase , sold in 2001 6150 shares of GME sold at 42. Purchased at between 7 and 9 dollars........... 900 shares of AMD sold at $90 purchased at 20 to 30 dollars..... I can pick them but my timing sucks..... Then I lost almost all of it on PSFE. 96,% loss

bananaphonepajamas

Could have gotten in to GME a week earlier and gotten out like a day earlier and been a millionaire.

rednehb

Stocks- GME I was like, "these new consoles are coming out soon I should drop like $1k for the temporary bump" Not stocks- I was a kid when the internet started becoming somewhat functional and told my dad we should buy up domain names for major brands. "Hahahahahaha, the internet is just a fad, kiddo." (sobs internally)

noonmoon66

2020 March during covid. Wfh had started and I was laying on the couch looking through random stocks. Stumbled upon GME and saw it was trading at 3$-4$ something. I wondered why it was so low and told myself I can put in 10k. I forgot and never did.

Fine_Magician_790

Yes. So true. Ken is a bottom feeders...bottom feeder. I've watched him carry that GME trade with masterful precision over the last 3 years. That's SOB is something else.

Gorillionaire69

Had GME before the jump but I got impatient😒

Igetlucky66

Best thing you can do is not watch price action every 5 mins look at it the end of day and be thankful it’s going in the right direction. These things do take time and at some point larger institutions may see what we see and some already have I believe in the 15-25 range (well played) correct me if I’m wrong but I don’t believe there’s another higher shorted stock with a micro float like this one (I may be wrong) real squeezes are epic. I wanted to buy 1k shares at the time I heard about GME at $5 and was ridiculed calling it gambling. Kicked myself all the way up to 500 but also knew better that I had missed the run and was happy for those that got a piece and hopefully changed their lives for the better. Well now 3.5 years later and I am a part of this grassy ass roots movement from the bottom up. You need a great story for a stock to be epic and this is one of the best David vs. Goliath stories I’ve ever seen. Waaaaaay better than GME again imo. Our protagonist is waaaaay worse than Melvin and our cast of truth combating ape soldiers are way more navy seal than kitty kats. “History will not have to worry about being kind to me I will wright my own praises and no one will tell me what I can and or cannot be.”- I am a champion

hideous_coffee

I had 100 shares of GME in December 2020 at like $11. Sold for a $100 gain before it blew up.

snozzberrypatch

Exactly. This sub has turned into a bunch of gay bear pussies. Where's all the diamond cock mother fuckers from the GME era?

Material_Theory7842

You sound like a GME holder

StackinStacks

Held NIO for over a year at 2$ per share. During annual reevaluation I decided to sell it. Two weeks later shot up to around 40$ Also sold GME at 38$ instead of 380$.

Egg_Naug

I sold covered calls on GME back before the meme-ening

DIYspecialops

$10k TSLA in 2012. Sold for a 10% profit after a year. $5k in GME shares and calls in December 2020. Sold for 20% gain in early January 2021. Both gains, it both majorly missed out on a lot more.

7222_salty

Yea uhhh WSB is shadow run by the banks and funds now. Happened after the GME saga

FirmNecessary6817

So I’m also frustrated with WSB but do have to keep in mind mods were under scrutiny after GME for stock manipulation and that’s a real life penalty. BUT all their vocalized reasoning has just been that the RILY crowd is annoying and lots of shitty name calling on their end through DMs when they ban for making a post, so still fuck those guys. Do believe at least one is a legitimate Cohodes shill.

PhiloRelish

Even Interactive Brokers suspended trading for a bit and they're supposed to be reputable. I guess RH gets all the hate just because most people who participated in the GME thing used it.

sickonmyface

I could have sold for almost a 1000% gain on Friday for the calls I had. I chose not to. I took a little profit with a steer to double down next week on dips. Why? Because this setup is unlike any other I've seen on Reddit since GME. That isn't hyperbole. This isn't some Chinese Pump and Dump. The original bear thesis had legs, especially when they RILY was late for their annual filing and that had to apply for an extension. Also there were some 3rd party connections to someone convicted of fraud. That whole bear thesis has now been well and truly debunked and now the bull thesis that has been around since early this year is playing out. We've had multiple outside law firms vet the business, found nothing untoward and an auditor offered an unqualified opinion on the annual 10k. There are legitimate catalysts as OP pointed out and a whopping 70% short interest which hasn't really reduced much even after this 80% gain this last week. You could argue this is only just the beginning, but due to the low daily volume and thin public float, once this pops it's going to fucking rocket as shorts look for the exit in droves. Good luck out there and great post OP.

Jebusfreek666

If cash to market cap ratio turns you on, check out GME. They are like 25-35% cash right now. And on a roll for the last 3 days.

Ravaha

Gotta love people hating on RH for trying to prevent GME morons from getting pumped and dumped. The vast majority of people lost money and 100% of the people who got into it after RH halted it lost money. Don't listen to the gambling addicts. Robinhood has great benefits, best interface, great IRA, and that new 3% everything card is going to be chefs kiss.

fuzzywuzzy123

Is GME allowed in this sub? I made a YOLO post in wsb and it got removed, with no response from mods.

idontknwnething

Should have added to my post My first stock was GME at the peak Not gonna sell it, 340$ worth life lesson Fortunately unfortunately Robinhood blocked the purchases and only allowed one

FirmNecessary6817

Yeah I’m one who made a ton off RILY this week. It’s a stock with a fair value of around ~$50, the only thing driving down the value was a delayed 10-k. We all just took a gamble that it would be filed. Once it was, it’s returning to that same ~$50 value but now with a 75% short interest (thanks to some aggressive shorts with large twitter followings that were betting against the 10-k being filed). Couple the 10-k with an earnings call in the next couple weeks, the upcoming sale of Great American and it’s just an extremely unique scenario that is going to continue to print money for the next few weeks. I still recommend to people to hop in before earnings, it’s only to about half of what it can realistically do. The short position has people thinking triple digits, I don’t think it gets there because shorts learned how to manage exiting better after the GME situation but it is definitely more than a non-zero chance. GDHG I did my DD on because I saw it so much in here and I just don’t see it. I’d like everyone to make money and I know it’s cheap so it’s accessible to people with smaller bankrolls, but what’s the game changing catalyst? Rooting for you GDHG guys as well, but I can’t back the play. I did buy into a $9,000 $11c 5/10 position on ENVX today and I’d recommend folks do their DD on it. Earnings on 5/1, a livestream with their new CEO who is of note in the industry on 5/5, lots of positive operational changes, terribly undervalued, and a decent short position. Stock itself was up 10% today. I think this one also has very big legs and a very cheap entry point still before the earnings call.

Ok-Resident7572

If you don't think the market is rigged against you there truly is no hope for ya. This is like saying casino games aren't rigged against you bc people win sometimes. 100% the market is rigged against you and the only proof you need is GME.

DaLoraxx

You do the only rational thing....$1,000 GME call

JoeBeck37

They shut down trading during the whole GME short squeeze to cause it to drop. Basically, an attack on this sub specifically. That shit.

JoeBeck37

They shut down trading during the whole GME short squeeze to cause it to drop. Basically, an attack on this sub specifically. That shit.

yoaklar

AI shill created during the GME debacle meant to sew hype? Or nah

supershinythings

The only problem is that excess shorting will of course lead to the classic GME Short Squeeze scenario - which I think is what he believes will prop up the stock. It’s a wild scenario but consistent with his kind of “business” tactics. The difference though is that GME was shorted for years and years - long enough for DFV to work it over hard before everyone caught on. .Now that the GME short squeeze playbook is out there, both sides are circling each other and squaring off; can Trump dupe his cult members into buying enough stock to punish the shorts? Can the shorts laugh at the Trumpanzees all the way to the bank? I’m popping popcorn but I’m not putting any money on anything to do with DJT. I just want to watch all the greedy people immolate themselves trying to screw each other over from all sides of the trade.

InIce1234

GME still to high.

DreamCreator369

Yolo it on GME stonks only go up ! Not financial advice 😅

basedregards

Ironic considering you got this wrong. Capital gains = taxable income. If you somehow guess the right crypto or piggyback on a GME event working at Wendy’s and make over a million, we’ll that’s over 1m taxable income and clearly over 400k capital gains. No retiring early for you, gotta give Biden half.

StraightEstate

Throw it all into GME

basedregards

You’ve read it wrong, as they intended. Capital gains = taxable income. You could be working at Wendy’s and suddenly hit a GME type lottery event and make a million off of clever trades you made. Your taxable income would be over 1m and you’d have more than 400k in capital gains. Thanks for playing.

basedregards

You’ve read it wrong, as they intended. Capital gains = taxable income. You could be working at Wendy’s and suddenly hit a GME type lottery event and make a million off of clever trades you made. Your taxable income would be over 1m and you’d have more than 400k in capital gains.

Neo_DaVinci_

Breaking news GME just bought IBRX

Taymyr

I don't understand how after the GME stunt people still stuck with Robinhood. Fidelity is great and I've literally never had an issue with them.

KenshiFilmoreDickson

I’m not gonna lie and say I know exactly why but some combination of that, meme holders, and people holding shares to sell options. Treat it like GME

Glittering_Bill9176

“It’s an unbelievable company. The best. And the stock is going up - that’s right - straight up. You saw it happen, I saw it happen, but guess what? They couldn’t handle me being successful. And guess what? We’re going after them. Believe me. Illegal market manipulators - you know who I’m talking about - they shorted the stock. And you know what? I’ve been in a business a long time, a long time, everyone knows it, and I know the stock market better than anyone - and what they did is illegal. We’re going to get them and send them to prison. The illegal short sellers. That’s right. They’re the same people who caused the market crash in 2008 with the help of Biden. You know who I’m talking about.” The crowd cheers wildly as they liquidate their savings. They saw the movie about GME. They know they’re going to be rich. OTM DJT yearly puts for the inevitably dump. Not yet though.

BansAndBands

I’m not betting on where apes put their money, I’m betting on institutional money. Besides GME regards don’t move the market. Institutional money and big algo’s place their bets quarterly/yearly and it’s clear that current interest rates are strangling banks on the back end, and there’s a trickle down effect to the business level. The last pin to drop is employment and retail debt/savings. I have longer out puts, so I’m down but not out. Not selling 💎🤲🏻

Yyyhhh222

high short interest? Gamestop $GME ? wait till burry buys it then im in🗿

allaboutthatbeta

put it all on GME

InIce1234

Take a look at the GME chart if you want something to laugh about.

PmMeYourAdhd

OMG a 0dte miracle! I had GME 4/26 11.5c I bought way back in early March that have been deep in the red ever since, went ITM above purchase price and I just made $5 per contract profit lol

Consistent-Many-9561

I just loaded up 0dte puts on GME. Friendly fire

Consistent-Many-9561

Dang 0dte GME puts really pay out if it goes back down

TomatoSpecialist6879

Midcaps like GME always have cycles where it goes up before going down, just look at the chart. It's bottoming and rebounding, you'll profit as long as you're not a regard who "diamond hands" otm options

ssjg23

I don’t think anyone cares about GME, AMC or BBY since 2021

duch350

It’s sad almost every top post is some cringey GME garbage 

ThegoatDMZ

Puts on GME 'cause why not.

HyenaAccomplished596

GME calls anyone?

Army_Special

I got 18 downvotes for speaking the truth, which shows you how stupid the GME community is GME is only 22% You can chose be not believe that, but that is the truth. You 'apes' still buying and holding are the only reason GME isn't racing towards bankruptcy and penny stock status

Army_Special

And bro I used to be a huge gme guy But I was only in it for the trade each quarter. Yes there is an sec filing disclosing what they're doing in terms of selling securities on retail. You guys live within an echo chamber Stuck on GME, There have been hundreds of better plays the last 3 years you all missed out on. GME had like 3 pops a year, each high lower, with lower lows Meanwhile the entire mag 7 has trended higher each week DJT squeezed hard, all btc miners squeezed hard, I mean shit Did you not see MSTR go from 300 a share to like 2k???

angelwearsgucci

Idk man I think this thing will squeeze like GME. Just need to buy shares and set a sell price of $100

Few-Artist8533

completely unbelievable breh its acting like GME for the complete opposite reasons this fucking stock robbed me of so much money 

grizzly_teddy

I love how bearish this sub is. Just hilarious. This sub is essentially a lagging indicator, only based on stock price. Stock down? /r/wsb is bearish. Stock up? BALLS TO THE WALLS I'M BUYING CALLS. Ya'll are honestly a bunch of fucking idiots. Gotta remember this sub used to be more educated before the whole GME craze. Now it's just a bunch of morons who only read headlines

x2eliah

It's infuriating (and hilarious) that of all things, DJT is basically the new GME...

SeanJ0n

*This is bigger than just a lucky stock play. This is the financial arm of a 5th generation warfare operation. This play takes out the corrupt banking / stock markets. They can't be reformed, but they can be rebuilt.... after they implode. We are watching, and a part of a controlled demolition and the greatest transfer of wealth in history.* *GameStop = "Game Over" in the plan.* *Do you think it's a coincidence that multiple spheres of geo-political events are seemingly reaching a tipping point and crescendo at the same time as BBBY / GME?* *This is all coordinated. This is the greatest time in history to be alive. You're heros in this war and we've already won. You're gonna love what comes next.*

Independent_Eye7898

Will my GME puts print? Probably.

Vashta-Narada

Nope- on Twitter JeffAmazon made a post saying it was similar setup to GME.

ImmediateBudget5147

Maybe learn a little bit more about GME, AMC, BB?

scotel

Copying my comment from a very similar thread: TSLA is *the* original meme stock. It was *the* meme stock before a bunch of other stocks became meme stocks (GME, AMC, a bunch of SPACs). Not sure how long you've been following the markets, but TSLA skyrocketed during the 2020-2021 COVID/zero-interest-rate/stimulus era. It was probably the most talked about stock on Reddit, tons of people made fortunes YOLOing call options on TSLA. When Tesla announced a stock split in August 2020, the stock skyrocketed up \~50% over the course of a couple weeks. A stock split has nothing to do with the fundamentals and everything to do with being a meme stock. Now of course things have come back down to earth a bit, but TSLA is still quite a bit of a meme stock and it's best not to read too much into the price swings.

valw

Look at GME. When you understand that, you will understand Tesla.

Kglugenbeel

GME, with a side of GME

na85

They fucked people over during the GME thing, I think.

yungjodye

i miss GME spaceship guy emoji

Congamang

Read the DD my u/fataspirations we’re gonna see a GME level squeeze

Congamang

Read the DD my u/fataspirations we’re gonna see a GME level squeeze

Strong-Amphibian-143

GME is $11. Maybe he changed his name to meowing kitty

YeezyThoughtMe

He had to buy 90 calls to get a $5k ish pump. That just shows how much manipulation is going on, on GME. BULLISH

Odd-Jellyfish1528

GME is being shorted again, time for a squeeze?

cryttera

2021 broke retail’s brains. It was believing in GME/AMC first, but now people suck off anything mentioning whatever tech fad to pump up stocks. All this for bulls enjoy their ramen diets from $2k+ shitholes because they believe they’ll be eating with Elon one day

Elitems_gn

Jeff Amazon has just posted about $RILY : “The next GME” 🚀

InverseMySuggestions

Haven’t been this excited for a play since GME. Let’s go.

SOBmoney

Still going up!!! Buy while you can!! GME GME 🚀🌕🚀🌕🚀🌕

RE_Guy8

We’ve been mentioning this for some time on wsb but lots of people have been saying the mods have been taking down the comments associated with rily because they don’t want another GME situation

lostredditorlurking

Reminds me of GME, "The stock haven't squeezed" Meanwhile the stock is already up 500%, and they hold until all the gains are gone.

One-Contribution-914

People are still buying into this clown Cohen's companies after rug pulling on GME?

ignatious__reilly

Why is everyone saying GME is about to do a Part 2?? Are these all bag holders. Gotta be

a12rif

> Vinyl records have seen a huge surge in demand in recent years I had a feeling you were going to pull this. Do you wonder why companies like Apple and google are investing into streaming platforms instead of opening up vinyl factories? I don’t know why I’m bothering to argue with someone who’s still bag holding GME. Maybe I’m the real ape 😞

Few_Coconut_6185

Jeff amazon called it the next GME situation. Plus earnings is next week

Few_Coconut_6185

Jeff amazon just posted about it. He said it's the next GME play

Schborti

Nobody’s really talking about GME but buying calls and shares in the background. I piled up some more shares earlier today to reach 1500 shares. Let’s see where it goes from here.

redrobin911999292

It will eventually no one knew about GME at first

Ok-Buy6186

Why is GME mooning lol

a12rif

Sure gaming is expected to grow. GME, not so much. Keep holding though, I don't really care either way. I'm more concerned about someone else, like OP, taking your suggestion seriously and falling for a meme stock just like you did few years ago.

futurespacecadet

https://preview.redd.it/0ls1oxgesmwc1.jpeg?width=1179&format=pjpg&auto=webp&s=17dbd0aa7426fa6c27f44e8a7841bafc0147a638 Something is definitely brewing with GME

Longjumping-Limit827

You think there’s not enough liquidity to fill $5600 of GME options that are itm? Lmao 🤣

Howcomeudothat

GME red